The farm loan waiver announcement has been widely hailed by farmers' representative bodies. :
Within hours of being sworn-in as Chhattisgarh Chief Minister, Bhupesh Baghel on Monday announced to waive off farm loans amounting to Rs 61 billion. The new government has also decided to raise minimum support price of paddy to Rs 2,500 per quintal. The Chief Minister presided over a cabinet meeting and decided to waive off farm loans which would benefit 1.6 million farmers reeling under debt.